Peoria Heights, Peoria County, Illinois Property Taxes
Property Taxes in Peoria Heights, Illinois
Median Peoria Heights, Illinois effective property tax rate: 2.59%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Peoria Heights, Illinois home value: $92,880
Median annual Peoria Heights, Illinois tax bill: $2,274, lower than the national median property tax bill of $2,400.
How are property taxes in Peoria County calculated?
Property taxes in Peoria Heights, Illinois are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Peoria Heights's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Peoria Heights, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Peoria Heights, Peoria County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.59%
Estimate Property Tax Bill
$2,406
$2,232
How Does the Peoria Heights Property Tax Calculator Work?
Use this Peoria Heights property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Peoria Heights' median effective tax rate of 2.59% — based on actual property records in Peoria County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Peoria Heights' median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Peoria Heights, but the available data shows the same median property tax bill of $2,274 in 61616. That is higher than the Illinois median tax rate of 2.33% and lower than the national median property tax bill of $2,400.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Peoria Heights.
About Peoria Heights Property Taxes
About Property Taxes in Peoria Heights, Peoria, Illinois
Peoria Heights’s median effective property tax rate of 2.59% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Peoria County base levy combined with local school district levies and special service areas that vary by subdivision throughout the city.
Property tax rates are not uniform across Peoria Heights. Homeowners in the 61616 ZIP code carry a median effective rate of 2.59%, while those in 61616 pay 2.59%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Peoria County. Understanding which part of Peoria Heights you live in can make a meaningful difference to your annual tax bill.
Peoria Heights homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Peoria Heights, Peoria County, Illinois
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Peoria Heights's effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Peoria Heights Tax Rate
2.59%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Peoria County Tax Rate
2.62%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Peoria Heights, Peoria County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61616 | 1.74% | 2.26% | 2.59% | 2.85% | 2.85% |
Source: Ownwell
Property Tax Assessment Values Across Peoria Heights, Peoria County, Illinois
When examining property taxes in Peoria Heights, Illinois, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Peoria County appraisal district estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Peoria County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Peoria Heights.
For example, the median home price in Peoria Heights is $92,880, with tax bills ranging significantly across the county. 61616 has the highest median home price at $92,880.
Property Tax Assessment Values Across Peoria Heights, Peoria County, Illinois
Source: Ownwell
$1,440
$145,470
$289,500
Median Peoria Heights Market Value
$92,880
Median Peoria County Market Value
$109,950
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Peoria Heights, Peoria County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61616 | $39,480 | $69,060 | $92,880 | $133,890 | $193,020 |
Source: Ownwell
Property Tax Bills Across Peoria Heights, Peoria County, Illinois
Property tax bills in Peoria Heights are based on the assessed value of a home, not its market price alone. Local taxing authorities apply their tax rates to that assessed value, and the final bill reflects how much taxable value is assigned to the property. For homeowners, this means a higher assessed value can lead to a larger tax bill, even if the home has not been sold.
Several factors affect the amount due, including the property’s assessed value, local tax rates, and any exemptions that may reduce taxable value. With a median home price of $92,880, property taxes can still vary widely from one homeowner to another. In Peoria Heights, the median tax bill is $2,274, while bills range from $1,497 at the 25th percentile to $5,083 at the 90th percentile.
Because the national median property tax bill is $2,400, Peoria Heights homeowners may see bills that are close to or above that benchmark depending on their assessment and local rates.
Median Peoria Heights Tax Bill
$2,274
Median Peoria County Tax Bill
$2,655
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Peoria Heights, Peoria County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61616 | $683 | $1,497 | $2,274 | $3,314 | $5,083 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Peoria Tax Assessor | |
| Website | propertytax.peoriacounty.gov |